NEWS

Takata Sued for Covering Up Airbag Test Results

11/11/2014

A lawsuit filed in Los Angeles federal court accuses Takata Corp. of suppressing test results a decade ago that showed defects in its airbag inflators.

Ford Launches Aluminum F-150 Production Today

11/11/2014

Ford Motor Co. began building its aluminum-bodied F-150 pickup truck in Dearborn today.

Uber Seeks More than $1 Billion in New Funding

11/11/2014

Uber Technologies Inc., which raised $1.2 billion in funding in June, is telling investors it is preparing to seek an additional $1 billion-$2 billion, according to media reports.

UPDATE: GM Ordered Ignition Switches Well Before Recall

11/11/2014

General Motors Co. ordered 500,000 replacement ignition switches for several of its small-car models nearly two months before telling federal safety officials the vehicles had defective switches, according to The Wall Street Journal.

NHTSA Probes Sudden Power Steering Loss in Honda Accords

11/11/2014

2013 Accord The National Highway Traffic Safety Administration has opened a preliminary evaluation into 24 complaints of sudden loss of electric power steering in 2013 model Honda Accord cars.

Volvo Adds XC60 Crossover Production in China

11/11/2014

XC60 Volvo Car Corp. has begun making its best-selling XC60 crossover vehicles at a factory in Chengdu, China.

Study: Texting While Driving Is Like an Addiction

11/11/2014

People who text while driving display addiction-like behavior that makes it difficult for them to stop, according to a study commissioned by AT&T.

EV Sales in Europe Could Reach 250,000 by 2020

11/11/2014

European demand for electric vehicles is likely to hit 150,000 units per year by 2020 and could reach 250,000 by then, says LMC Automotive.

Hyundai-Kia Hope to Bolster Share Price in Stock Buyback

11/11/2014

Hyundai Motor Co. and its Kia Motors affiliate say in a regulatory filing they will purchase 670 billion won ($616 million) in shares to help reverse a 24% drop in Hyundai's stock price.

UAW Near Deal to Represent VW Workers in Chattanooga?

11/11/2014

The United Auto Workers union says an upcoming policy change by Volkswagen AG will clear the way for the UAW to represent workers at VW's factory in Chattanooga, Tenn., the Associated Press reports.